2022-08-12T16:06:41-05:00 2021-09-30 420714325 RSM US LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2020-10-01 521318977 UNION STATION REDEVELOPMENT CORPORATION UNIO 2022220271 750 FIRST STREET NE NO 1010 WASHINGTON DC 20002 DOUG CARR PRESIDENT & CEO 2022220271 2022-08-12 1 DOUG CARR 999009999 FREDERICK LONGWOOD P00439715 7033366400 2022-08-12 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z DOUG CARR 750 FIRST STREET NE NO 1010 WASHINGTON DC 20002 10837768 0 X WWW.USRCDC.COM X 1983 DC MANAGEMENT OF THE RENOVATED AND REDEVELOPED FACILITIES OF WASHINGTON, DC'S UNION STATION THROUGH THE FEDERAL RAILROAD ADMINISTRATION. 5 5 11 0 0 0 452603 439346 11854789 10394440 176984 3982 0 0 12484376 10837768 0 0 0 0 1310972 1250781 0 0 0 11009283 10915251 12320255 12166032 164121 -1328264 153286634 149911473 28138085 25306221 125148549 124605252 X USRC'S OVERSIGHT RESPONSIBILITIES FOR THE ENTIRE STATION COMPLEX, AS CHARGED BY ITS BOARD OF DIRECTORS, CONSIST OF:MANAGING THE STATION DEVELOPMENT LEASEMANAGING THE GARAGE LEASEENSURING PROPER MAINTENANCE OF THE UNIQUE HISTORICAL FEATURES OF UNION STATIONOVERSEEING AND MANAGING ALL CAPITAL IMPROVEMENTS FOR THE GARAGEPROTECTING THE FEDERAL GOVERNMENT'S INTEREST IN THE PROPERTY 0 0 8842463 10394440 MANAGEMENT OF THE REDEVELOPED UNION STATION FACILITY UNDER THE PROVISIONS OF PUBLIC LAW 97-125, RELATED TO MAINTENANCE AND PRESERVATION OF THE STATION COMPLEX, LOCATED IN WASHINGTON, DC. ON JULY 22, 2004, USRC WAS RECLASSIFIED AS A CHARITABLE ORGANIZATION EXEMPTUNDER IRC SECTION 501(C)(3). 8842463 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X RSM US LLP 2022932200 2021 L STREET NW WASHINGTON DC 20036 POLLY TROTTENBERG CHAIRMAN 2.00 X X 0 0 0 DENNIS NEWMAN VICE CHAIRMAN 2.00 X 0 0 0 PETER CIPRIANO DIRECTOR 2.00 X 0 0 0 JEFF MAROOTIAN DIRECTOR 2.00 X 0 0 0 MAURA BROPHY DIRECTOR 2.00 X 0 0 0 DIANNA LOPEZ DIRECTOR 2.00 X 0 0 0 SHARON CARNEY DIRECTOR 2.00 X 0 0 0 BEVERLEY K SWAIM-STALEY PRESIDENT AND CEO 40.00 X 294620 0 13359 NZINGA BRYANT VP & DIRECTOR, FINANCE AND 40.00 X 180279 0 20367 KEVIN FORMA 2ND CENTURY PROGRAM MANAGER 40.00 X 131318 0 17649 606217 0 51375 3 0 1 0 STRUCTURAL PRESERVATION SYSTEMS 6955 SAN TOMAS RD ELKRIDGE MD 21075 STRUCTURAL REPAIR SERVICES 1368661 INSIGHT CONSTRUCT LLC 1110 NORTH GLEBE RD SUITE 300 ARLINGTON VA 22201 MECHANICAL AND ELECTRICAL SERVICES 927459 JOHN CANNING & CO LTD 150 COMMERCE COURT CHESHIRE CT 06410 ARCHITECTURAL DESIGN AND RESTORATION 657748 MCMULLAN & ASSOCIATION INC 11800 SUNRISE VALLEY DR SUITE 430 RESTON VA 20191 STRUCTURAL ENGINEERING SERVICES 443442 JOHN R BOWIE 101 EAST POSSUM HOLLOW RD WALLINGFORD PA 19086 CONSULTING SERVICES 291389 9 439346 439346 USI SHOPS/OFFICE RENT 532000 6532418 6532418 PARKING GARAGE RENT 532000 2436623 2436623 USI LEASEHOLD IMPROVEMENTS 900099 1423229 1423229 USI TOUR REVENUE 900099 2170 2170 10394440 3982 3982 10837768 10394440 0 3982 509331 509331 504802 504802 94839 94839 71941 71941 69868 69868 148651 148651 138711 138711 621911 621911 3988 3988 45340 45340 58343 58343 308836 308836 708305 708305 3249871 3249871 155747 117044 38703 BAD DEBT EXPENSE 2000000 2000000 BUS DECK EXPENSES 1406157 1406157 UNION STATION 2ND CENTU 1101466 1101466 POSSESSORY INTEREST TAX 701920 701920 266005 266005 12166032 8842463 3323569 0 10106415 6899589 3203109 4188158 2416503 171284 173216 107746872 35818866 71256918 71928006 17666781 17668420 49897078 47622630 153286634 149911473 1057085 610594 198364 4000 22009608 20926069 4873028 3765558 28138085 25306221 X 124671546 122817902 477003 1787350 125148549 124605252 153286634 149911473 X -1328264 1510464 -725499 X X 0 1 X 1 0 X X X 1 UNITED STATES OF AMERICA 000000000 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 96750508 33396841 63353667 10996364 2422025 8574339 71928006 DEPOSITS 328392 FUNDS HELD FOR CAPITAL MAINTENANCE 2128010 DEFERRED RENT 45020552 PASS THROUGH STATION MAINTENANCE FU 145545 DUE FROM RELATED PARTY 131 47622630 SWAP CONTRACT 1519762 FUNDS HELD FOR CAPITAL MAINTENANCE 2128010 DEFERRED RENT LIABILITIES 117786 3765558 X 12348232 1510464 1510464 10837768 0 10837768 11457727 0 11457727 708305 708305 12166032 PART X, LINE 2: MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. FOR THE YEAR ENDED SEPTEMBER 30, 2019, USRC HAS DETERMINED THAT NO SIGNIFICANT UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON INTEREST RATE SWAP 1,510,464. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE 708,305. X 0 0 0 0 0 0 0 0 0 BEVERLEY K SWAIM-STALEY PRESIDENT AND CEO 261814 0 32806 0 0 0 13359 0 1659 0 309638 0 0 0 NZINGA BRYANT VP & DIRECTOR, FINANCE AND 164954 0 15325 0 0 0 10728 0 12220 0 203227 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE VICE PRESIDENT AND PRESIDENT OF USRC. IT IS ALSO DISTRIBUTED TO ALL USRC BOARD OF DIRECTOR DESIGNEES FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ETHICS OFFICER PROVIDES THE ETHICS POLICY TO ALL BOARD MEMBERS AND HAS THE REPRESENTATIVES AND THEIR DESIGNEES COMPLETE AND RETURN AN ANNUAL CONFLICT OF INTEREST STATEMENT. ALSO, EACH EMPLOYEE IS PROVIDED THE CONFLICT OF INTEREST POLICY ON THEIR FIRST DAY OF EMPLOYMENT AND IS REQUIRED TO SIGN AND COMPLETE A CONFLICT OF INTEREST STATEMENT. ALL EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST DISCLOSURE STATEMENT AT ANY TIME A POTENTIAL CONFLICT ARISES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ELIMINATION OF INTERCOMPANY CONTRIBUTIONS -725,499. FORM 990, PART XII, LINE 2C THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.